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The China Aluminum-scandium Alloys market size was valued at US$ 65.8 million in 2024 and is projected to reach US$ 104.2 million by 2030, at a CAGR of 8.0% during the forecast period 2024-2030.
Aluminum-scandium Alloys are high-performance materials that combine aluminum with small amounts of scandium, offering enhanced strength, weldability, and corrosion resistance for aerospace, sports equipment, and advanced manufacturing applications.
China's Aluminum-scandium Alloys market is experiencing rapid growth, driven by increasing demand in aerospace and high-tech manufacturing sectors. In 2023, China produced approximately 850 metric tons of aluminum-scandium alloys, with 60% consumed domestically and 40% exported. The aerospace industry remains the largest consumer, accounting for 50% of demand, followed by sports equipment at 25% and 3D printing at 15%. The market saw a significant boost from China's push to develop its domestic aerospace industry, leading to a 30% increase in demand for high-strength, lightweight alloys in 2023. Technological advancements have focused on optimizing scandium content and processing techniques, with new alloys offering 25% higher strength-to-weight ratios compared to 2020 formulations while reducing scandium content by 15%. The market is witnessing strong growth in additive manufacturing applications, with aluminum-scandium powders for 3D printing increasing at 20% annually. In 2023, new government initiatives to support advanced materials development led to a 40% increase in R&D investments for scandium alloy technologies. The industry faces challenges from the high cost and limited availability of scandium, but ongoing efforts to develop scandium recovery from secondary sources are addressing supply concerns. Emerging applications in electric vehicle components are showing promise, growing at 25% CAGR, albeit from a small base of 2% market share. Looking ahead, the market is expected to benefit from China's focus on lightweight materials for next-generation aircraft, with aluminum-scandium alloys for commercial aviation projected to grow at 15% CAGR through 2030.
This report contains market size and forecasts of Aluminum-scandium Alloys in China, including the following market information:
• China Aluminum-scandium Alloys Market Revenue, 2019-2024, 2024-2030, ($ millions)
• China Aluminum-scandium Alloys Market Sales, 2019-2024, 2024-2030,
• China Top five Aluminum-scandium Alloys companies in 2023 (%)
Report Includes
This report presents an overview of China market for Aluminum-scandium Alloys , sales, revenue and price. Analyses of the China market trends, with historic market revenue/sales data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.
This report focuses on the Aluminum-scandium Alloys sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the China Aluminum-scandium Alloys market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues.
This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.
This report analyzes the segments data by Type, and by Sales Channels, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for Humidifier sales, projected growth trends, production technology, sales channels and end-user industry.
• 2% Scandium
• 1.5% Scandium
• Other
• Automobile
• Aerospace
• Other
Key Companies covered in this report:
• Aluminum Corporation of China Limited
• Shandong Nanshan Aluminum Co., Ltd.
• Jiangsu Alcha Aluminium Co., Ltd.
• Shandong Weiqiao Aluminum and Power Co., Ltd.
• Zhongwang Holdings Limited
• Jiangsu Asia-Pacific Light Alloy Technology Co., Ltd.
• Guangdong Weiye Aluminium Factory Group Co., Ltd.
• Foshan Nanhai Xingfa Aluminium Co., Ltd.
• China Zhongwang Holdings Limited
• Shanghai Metal Corporation
Including or excluding key companies relevant to your analysis.
The report also provides analysis of leading market participants including:
• Key companies Aluminum-scandium Alloys revenues in Chinan market, 2019-2024 (Estimated), ($ millions)
• Key companies Aluminum-scandium Alloys revenues share in Chinan market, 2023 (%)
• Key companies Aluminum-scandium Alloys sales in Chinan market, 2019-2024 (Estimated),
• Key companies Aluminum-scandium Alloys sales share in Chinan market, 2023 (%)
Key Indicators Analysed
• Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2019-2030 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
• Chinan Market Analysis: The report includes Chinan market status and outlook 2019-2030. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
• Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
• Opportunities and Drivers: Identifying the Growing Demands and New Technology
• Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
Key Benefits of This Market Research:
• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Aluminum-scandium Alloys Market
• Overview of the regional outlook of the Aluminum-scandium Alloys Market
Key Reasons to Buy this Report:
• Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
• This enables you to anticipate market changes to remain ahead of your competitors
• You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations or other strategic documents
• The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support
We offer additional regional and global reports that are similar:
• Global Aluminum-scandium Alloys Market
• United States Aluminum-scandium Alloys Market
• Japan Aluminum-scandium Alloys Market
• Germany Aluminum-scandium Alloys Market
• South Korea Aluminum-scandium Alloys Market
• Indonesia Aluminum-scandium Alloys Market
• Brazil Aluminum-scandium Alloys Market
Customization of the Report: In case of any queries or customization requirements, please connect with our sales team, who will ensure that your requirements are meet.
1.1 Aluminum-scandium Alloys Product Introduction
1.2.1 Chinan Aluminum-scandium Alloys Market Size Growth Rate by Type, 2019 VS 2023 VS 2030
1.2.2 2% Scandium
1.2.3 1.5% Scandium
1.2.4 Other
1.3.1 China Aluminum-scandium Alloys Market Size Growth Rate by Application, 2019 VS 2023 VS 2030
1.3.2 Automobile
1.3.3 Aerospace
1.3.4 Other
1.4 China Aluminum-scandium Alloys Sales Estimates and Forecasts 2019-2030
1.5 China Aluminum-scandium Alloys Hydrocephalus Shunts Revenue Estimates and Forecasts 2019-2030
1.6 Study Objectives
1.7 Years Considered
2.1 China Aluminum-scandium Alloys Sales by Manufacturers
2.1.1 China Aluminum-scandium Alloys Sales by Manufacturers (2019-2024)
2.1.2 China Aluminum-scandium Alloys Sales Market Share by Manufacturers (2019-2024)
2.1.3 Top Largest Manufacturers of Aluminum-scandium Alloys in 2023 in China
2.2 China Aluminum-scandium Alloys Revenue by Manufacturers
2.2.1 China Aluminum-scandium Alloys Revenue by Manufacturers (2019-2024)
2.2.2 China Aluminum-scandium Alloys Revenue Market Share by Manufacturers (2019-2024)
2.2.3 China Top Companies by Aluminum-scandium Alloys Revenue in 2023
2.3 China Aluminum-scandium Alloys Sales Price by Manufacturers (2019-2024)
2.4 Analysis of Competitive Landscape
2.4.1 Manufacturers Market Concentration Ratio (CR3 and HHI)
2.4.2 China Aluminum-scandium Alloys by Company Type (Tier 1, Tier 2, and Tier 3)
2.4.3 China Aluminum-scandium Alloys Manufacturers Geographical Distribution
2.5 Mergers & Acquisitions, Expansion Plans
3.1 Aluminum-scandium Alloys Market Size by Region: 2019-2030
3.1.1 China Aluminum-scandium Alloys Sales by Region: 2019-2024
3.1.2 China Aluminum-scandium Alloys Sales Forecast by Region (2025-2030)
3.1.3 China Aluminum-scandium Alloys Revenue by Region: 2019-2024
3.1.4 China Aluminum-scandium Alloys Revenue Forecast by Region (2025-2030)
4.1 China Aluminum-scandium Alloys Sales by Type
4.1.1 China Aluminum-scandium Alloys Historical Sales by Type (2019-2024)
4.1.2 China Aluminum-scandium Alloys Forecasted Sales by Type (2025-2030)
4.1.3 China Aluminum-scandium Alloys Sales Market Share by Type (2019-2030)
4.2 China Aluminum-scandium Alloys Revenue by Type
4.2.1 China Aluminum-scandium Alloys Historical Revenue by Type (2019-2024)
4.2.2 China Aluminum-scandium Alloys Forecasted Revenue by Type (2025-2030)
4.2.3 China Aluminum-scandium Alloys Revenue Market Share by Type (2019-2030)
4.3 China Aluminum-scandium Alloys Price by Type
4.3.1 China Aluminum-scandium Alloys Price by Type (2019-2024)
4.3.2 China Aluminum-scandium Alloys Price Forecast by Type (2025-2030)
5.1 China Aluminum-scandium Alloys Sales by Application
5.1.1 China Aluminum-scandium Alloys Historical Sales by Application (2019-2024)
5.1.2 China Aluminum-scandium Alloys Forecasted Sales by Application (2025-2030)
5.1.3 China Aluminum-scandium Alloys Sales Market Share by Application (2019-2030)
5.2 China Aluminum-scandium Alloys Revenue by Application
5.2.1 China Aluminum-scandium Alloys Historical Revenue by Application (2019-2024)
5.2.2 China Aluminum-scandium Alloys Forecasted Revenue by Application (2025-2030)
5.2.3 China Aluminum-scandium Alloys Revenue Market Share by Application (2019-2030)
5.3 China Aluminum-scandium Alloys Price by Application
5.3.1 China Aluminum-scandium Alloys Price by Application (2019-2024)
5.3.2 China Aluminum-scandium Alloys Price Forecast by Application (2025-2030)
6.1 Aluminum Corporation of China Limited
6.1.1 Aluminum Corporation of China Limited Corporation Information
6.1.2 Aluminum Corporation of China Limited Overview
6.1.3 Aluminum Corporation of China Limited in China: Aluminum-scandium Alloys Sales, Price, Revenue and Gross Margin (2019-2024)
6.1.4 Aluminum Corporation of China Limited Aluminum-scandium Alloys Product Introduction
6.1.5 Aluminum Corporation of China Limited Recent Developments
6.2 Shandong Nanshan Aluminum Co., Ltd.
6.2.1 Shandong Nanshan Aluminum Co., Ltd. Corporation Information
6.2.2 Shandong Nanshan Aluminum Co., Ltd. Overview
6.2.3 Shandong Nanshan Aluminum Co., Ltd. in China: Aluminum-scandium Alloys Sales, Price, Revenue and Gross Margin (2019-2024)
6.2.4 Shandong Nanshan Aluminum Co., Ltd. Aluminum-scandium Alloys Product Introduction
6.2.5 Shandong Nanshan Aluminum Co., Ltd. Recent Developments
6.3 Jiangsu Alcha Aluminium Co., Ltd.
6.3.1 Jiangsu Alcha Aluminium Co., Ltd. Corporation Information
6.3.2 Jiangsu Alcha Aluminium Co., Ltd. Overview
6.3.3 Jiangsu Alcha Aluminium Co., Ltd. in China: Aluminum-scandium Alloys Sales, Price, Revenue and Gross Margin (2019-2024)
6.3.4 Jiangsu Alcha Aluminium Co., Ltd. Aluminum-scandium Alloys Product Introduction
6.3.5 Jiangsu Alcha Aluminium Co., Ltd. Recent Developments
6.4 Shandong Weiqiao Aluminum and Power Co., Ltd.
6.4.1 Shandong Weiqiao Aluminum and Power Co., Ltd. Corporation Information
6.4.2 Shandong Weiqiao Aluminum and Power Co., Ltd. Overview
6.4.3 Shandong Weiqiao Aluminum and Power Co., Ltd. in China: Aluminum-scandium Alloys Sales, Price, Revenue and Gross Margin (2019-2024)
6.4.4 Shandong Weiqiao Aluminum and Power Co., Ltd. Aluminum-scandium Alloys Product Introduction
6.4.5 Shandong Weiqiao Aluminum and Power Co., Ltd. Recent Developments
6.5 Zhongwang Holdings Limited
6.5.1 Zhongwang Holdings Limited Corporation Information
6.5.2 Zhongwang Holdings Limited Overview
6.5.3 Zhongwang Holdings Limited in China: Aluminum-scandium Alloys Sales, Price, Revenue and Gross Margin (2019-2024)
6.5.4 Zhongwang Holdings Limited Aluminum-scandium Alloys Product Introduction
6.5.5 Zhongwang Holdings Limited Recent Developments
6.6 Jiangsu Asia-Pacific Light Alloy Technology Co., Ltd.
6.6.1 Jiangsu Asia-Pacific Light Alloy Technology Co., Ltd. Corporation Information
6.6.2 Jiangsu Asia-Pacific Light Alloy Technology Co., Ltd. Overview
6.6.3 Jiangsu Asia-Pacific Light Alloy Technology Co., Ltd. in China: Aluminum-scandium Alloys Sales, Price, Revenue and Gross Margin (2019-2024)
6.6.4 Jiangsu Asia-Pacific Light Alloy Technology Co., Ltd. Aluminum-scandium Alloys Product Introduction
6.6.5 Jiangsu Asia-Pacific Light Alloy Technology Co., Ltd. Recent Developments
6.7 Guangdong Weiye Aluminium Factory Group Co., Ltd.
6.7.1 Guangdong Weiye Aluminium Factory Group Co., Ltd. Corporation Information
6.7.2 Guangdong Weiye Aluminium Factory Group Co., Ltd. Overview
6.7.3 Guangdong Weiye Aluminium Factory Group Co., Ltd. in China: Aluminum-scandium Alloys Sales, Price, Revenue and Gross Margin (2019-2024)
6.7.4 Guangdong Weiye Aluminium Factory Group Co., Ltd. Aluminum-scandium Alloys Product Introduction
6.7.5 Guangdong Weiye Aluminium Factory Group Co., Ltd. Recent Developments
6.8 Foshan Nanhai Xingfa Aluminium Co., Ltd.
6.8.1 Foshan Nanhai Xingfa Aluminium Co., Ltd. Corporation Information
6.8.2 Foshan Nanhai Xingfa Aluminium Co., Ltd. Overview
6.8.3 Foshan Nanhai Xingfa Aluminium Co., Ltd. in China: Aluminum-scandium Alloys Sales, Price, Revenue and Gross Margin (2019-2024)
6.8.4 Foshan Nanhai Xingfa Aluminium Co., Ltd. Aluminum-scandium Alloys Product Introduction
6.8.5 Foshan Nanhai Xingfa Aluminium Co., Ltd. Recent Developments
6.9 China Zhongwang Holdings Limited
6.9.1 China Zhongwang Holdings Limited Corporation Information
6.9.2 China Zhongwang Holdings Limited Overview
6.9.3 China Zhongwang Holdings Limited in China: Aluminum-scandium Alloys Sales, Price, Revenue and Gross Margin (2019-2024)
6.9.4China Zhongwang Holdings Limited Aluminum-scandium Alloys Product Introduction
6.9.5 China Zhongwang Holdings Limited Recent Developments
6.10 Shanghai Metal Corporation
6.10.1 Shanghai Metal Corporation Corporation Information
6.10.2 Shanghai Metal Corporation Overview
6.10.3 Shanghai Metal Corporation in China: Aluminum-scandium Alloys Sales, Price, Revenue and Gross Margin (2019-2024)
6.10.4 Shanghai Metal Corporation Aluminum-scandium Alloys Product Introduction
6.10.5 Shanghai Metal Corporation Recent Developments
7.1 Aluminum-scandium Alloys Industry Chain Analysis
7.2 Aluminum-scandium Alloys Key Raw Materials
7.2.1 Key Raw Materials
7.2.2 Raw Materials Key Suppliers
7.3 Aluminum-scandium Alloys Production Mode & Process
7.4 Aluminum-scandium Alloys Sales and Marketing
7.4.1 Aluminum-scandium Alloys Sales Channels
7.4.2 Aluminum-scandium Alloys Distributors
7.5 Aluminum-scandium Alloys Customers
8.1.1 Aluminum-scandium Alloys Industry Trends
8.1.2 Aluminum-scandium Alloys Market Drivers
8.1.3 Aluminum-scandium Alloys Market Challenges
8.1.4 Aluminum-scandium Alloys Market Restraints
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.2 Data Source
10.2 Author Details
10.3 Disclaimer
Frequently Asked Questions ?
